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Will County Gazette

Sunday, November 24, 2024

Bolingbrook (Will County) home prices rise in March 2017

Realestate077

The median sale price of a home sold in March 2017 in Bolingbrook in Will County rose by $1,550 while total sales increased by 28.8%, according to BlockShopper.com.

In March 2017, there were 94 homes sold, with a median sale price of $169,550 - a 0.9% increase over the $168,000 median sale price for the same period of the previous year. There were 73 homes sold in Bolingbrook in March 2016.

The median sales tax in Bolingbrook for 2017 was $5,955.30. In 2016, the median sales tax was $5,777.50. This marks an increase of 3.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.5%.

The following table compares Bolingbrook to other Will County cities with similar median sales prices in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Beecher41300%$186,250$75,000148.3%
Crystal Lawns60-$185,000$0-
Lockport49458.9%$179,000$180,000-0.6%
Wellington Heights110%$174,000$165,0005.5%
Cherry Hill220%$173,750$258,904-32.9%
Bolingbrook947328.8%$169,550$168,0000.9%
Monee166166.7%$169,500$151,00012.3%
Romeoville484020%$168,250$141,50018.9%
Aurora1316-18.8%$168,000$187,000-10.2%
Wolf Creek Island10-$167,000$0-
Lakewood Falls31200%$165,000$112,00047.3%
* This story only considers sales data for the part of Bolingbrook that is in Will County.

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